Provence Wealth Management Group Buys New Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Provence Wealth Management Group purchased a new position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,245 shares of the company’s stock, valued at approximately $95,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the third quarter valued at about $156,701,000. Comerica Bank acquired a new stake in Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth approximately $76,901,000. International Assets Investment Management LLC purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at approximately $73,150,000. Beacon Capital Management Inc. increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 6,807.2% in the fourth quarter. Beacon Capital Management Inc. now owns 938,961 shares of the company’s stock valued at $71,718,000 after purchasing an additional 925,367 shares during the period. Finally, TIAA Trust National Association purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the third quarter worth approximately $61,661,000.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA BIV traded up $0.38 during mid-day trading on Friday, hitting $74.09. 1,007,281 shares of the company were exchanged, compared to its average volume of 1,283,616. The stock has a 50 day simple moving average of $74.48 and a 200-day simple moving average of $74.43. Vanguard Intermediate-Term Bond ETF has a 1-year low of $70.43 and a 1-year high of $77.68.

About Vanguard Intermediate-Term Bond ETF

Vanguard Intermediate-Term Bond ETF (the Fund) seeks to track the performance of a market-weighted bond index with an intermediate-term, dollar-weighted average maturity. The Fund employs a passive management or indexing strategy designed to track the performance of the Barclays Capital U.S. 5-10 Year Government/Credit Bond Index (the Index).